TGS Share Repurchase

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December 2, 2021 4:58 AM EST

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Oslo, Norway (02 December 2021) – On period from 25 November 2021 to 01 December 2021, TGS ASA (TGS) purchased 67,328 own shares on the Oslo Stock Exchange at an average price of NOK 85.1890 per share. Following the purchase TGS owns 1,226,303 shares, representing 1.044% of the total outstanding shares.

The shares were purchased in connection with the share repurchase announced on 11 February 2021.

Overview of transactions
Date	Aggregated daily volume (number of shares)	Weighted average share price per day (NOK)	Total daily transaction value (NOK)
25-Nov-21	10,878	88.9977	968,117
26-Nov-21	20,000	84.9793	1,699,586
29-Nov-21	2,000	84.2400	168,480
30-Nov-21	20,000	84.1636	1,683,272
1-Dec-21	14,450	84.1624	1,216,147


Previously disclosed buy-backs under the program (accumulated)	1,143,975	105.5774	120,777,940
Accumulated under the buy-back program	1,211,303	104.4442	126,513,541

The issuer's holding of own shares:
Following the completion of the above transactions, TGS owns a total of 1,226,303 own shares, corresponding to 1.044% of TGS' share capital.

Appendix:
An overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

About TGS
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.

For more information, visit TGS.com or contact:

Sven Børre Larsen
Chief Financial Officer
[email protected]

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